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owner says no to owner financing

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coyotejoes Joined: 08 Feb 2011 Posts: 1 1.35 Dollars($)	Posted: Tue Feb 08, 2011 4:23 pm    Post subject: owner says no to owner financing Like 0 Dislike 0 entered into a contract for lease with option for owner financing after 24 payments and all payments go to the down payment.I have a contract signed and notarized by seller.Is the seller allowed to change his mind after being there for the 24 month period and all payments have been made????????I am self employed and this is a commercial property that I have a thriving business in that has taken 16 months to grow,now the owner thinks he can keep it going so possibly wants to not owner finance in hopes of getting the property back....i would not have started a business at this location without the option on the property.....
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Feb 08, 2011 8:19 pm    Post subject: Like 0 Dislike 0 Hi coyotejoes, Once the contract is signed, the owner cannot change it. If the owner changes it, he or she will have to take your permission in this regard. Thanks

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